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Southwest Securities International Securities (HKSE:00812) Debt-to-EBITDA : 71.02 (As of Dec. 2023)


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What is Southwest Securities International Securities Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Southwest Securities International Securities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$722.42 Mil. Southwest Securities International Securities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. Southwest Securities International Securities's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$10.17 Mil. Southwest Securities International Securities's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 71.02.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Southwest Securities International Securities's Debt-to-EBITDA or its related term are showing as below:

HKSE:00812' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -443.89   Med: -6.72   Max: 66.29
Current: 43.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Southwest Securities International Securities was 66.29. The lowest was -443.89. And the median was -6.72.

HKSE:00812's Debt-to-EBITDA is not ranked
in the Capital Markets industry.
Industry Median: 1.5 vs HKSE:00812: 43.48

Southwest Securities International Securities Debt-to-EBITDA Historical Data

The historical data trend for Southwest Securities International Securities's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Southwest Securities International Securities Debt-to-EBITDA Chart

Southwest Securities International Securities Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.66 -443.89 31.37 -4.78 43.48

Southwest Securities International Securities Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.03 -3.10 -35.02 31.39 71.02

Competitive Comparison of Southwest Securities International Securities's Debt-to-EBITDA

For the Capital Markets subindustry, Southwest Securities International Securities's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southwest Securities International Securities's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Southwest Securities International Securities's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Southwest Securities International Securities's Debt-to-EBITDA falls into.



Southwest Securities International Securities Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Southwest Securities International Securities's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(722.422 + 0) / 16.617
=43.47

Southwest Securities International Securities's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(722.422 + 0) / 10.172
=71.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2023) EBITDA data.


Southwest Securities International Securities  (HKSE:00812) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Southwest Securities International Securities Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Southwest Securities International Securities's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Southwest Securities International Securities (HKSE:00812) Business Description

Traded in Other Exchanges
Address
One Hysan Avenue, 14th Floor, Causeway Bay, Hong Kong, HKG
Southwest Securities International Securities Ltd is a financial services provider in Hong Kong. The company's services include corporate finance, asset management, brokerage; and loan services. Its segments consist of Brokerage and Margin financing which provides brokerage services in trading in securities, futures contracts and options and margin financing services, and underwriting and placements; Corporate finance segment offers underwriting and placements and corporate finance advisory services; Asset management provides asset management services; and Proprietary trading engaged in trading in securities, futures and options, fund investments.

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